According to the latest survey released by Mercer According to a new report released by Mercer 2024, Dubai has jumped three places to 15th place globally to become the world’s most expensive cities for foreign employees. The rise in the cost of living in the city is mainly because of the increase in the property…
G7 Summit was attended by the world leaders on the topic of “Artificial Intelligence (AI) and Energy” UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan participated in the G7 Summit Session hosted by Italy. The topic of the session was Artificial Intelligence and Energy, under the theme “Energy and Artificial Intelligence/ Africa and the…
Home Prices in Dubai Real Estate Rise by More than 27% Since May 2023, Prices for Apartments in Palm Jumeirah Rise to New Heights According to the recent data from one of the leading real estate companies ValuStrat, the residential market of Dubai continued to perform well in May, with capital values rising at a…
New Real Estate launch by Dubai South properties sold in just 4 hours Dubai South Properties has revealed the sell-out the final phase of South Bay Development in just a few hours after the launch. This new launch is followed by the sale of previously launched units across different phases, showcasing an increasing demand for…
The Road and Transport authority of Dubai has announced the working hours of all its services during the Eid Al Adha holidays from June 15 to June 18. Parking All the public parking spaces will be free of charges except the parking spaces for multi-storey parking terminals from Saturday 15 to 18. Dubai Metro The…
The amount will cover 2,160 applicants under the Sheikh Zayed Housing Programme The UAE Cabinet, run by His Highness Sheikh Mohammad Bin Rashid Al Maktoum, the Vice President and the Prime Minister of the UAE and the Ruler of Dubai, approved a new housing decision worth AED 1.68 Billion. The whopping amount of AED 1.68…
High Net-Worth millionaires to invest $409M in Abu Dhabi and $388M in RAK Property market As per the latest research revealed by Knight Frank, high net worth individuals from across the world are ready to spend a whopping amount of $796.8 Million on residential real estate in the two areas. Those interested in Abu Dhabi…
A decision made by the authorities to combat unwanted sales calls The Ministry of Economy and the Telecommunications and Digital Government Regulatory Authority (TRA), UAE released new regulations that, “UAE Cold callers will face fines of AED 150K.” This new rule will be implemented from the month of August. This new decision has been made…
Dubai’s Roads and Transport Authority (RTA) opened one out of four major bridge as part of the Garn Al Sabkha-Sheikh Mohammed bin Zayed Road Intersection Improvement Project. Till date four bridges have been constructed, totaling 2,874 meters in length and with a capacity of 17,600 vehicles per hour. The newly completed 2-lane bridge is 666…
The Ministry of Climate change and Environment (MOCCAE) identified 9 key biodiversity areas in the UAE. These areas are of utmost importance as they are home to several endangered plants and animals. The 9 Key biodiversity areas include, the Arabian Oryx Protected Area in Abu Dhabi; the Marawah Marine Area in Abu Dhabi; Al Yasat…